Office building in Hollywood will become the city’s first co-working space designed exclusively for freelancers and startups associated with the industry of marijuana.

The project is financed by the Paragon Space Paragon, calling itself “the leading technological platform in the industry of cannabis.” The use of the coworking space and all its services will be available only to users with a token PRG — own cryptocurrency company, which will be taken in payment. Open coworking is planned for July this year.

According to Paragon, one of the advantages of a new space for work is that companies associated with marijuana, it is difficult to access office space from the traditional developers and real estate owners.

“We know how hard it is for working in the cannabis industry is to rent an office or workplace. Thus, we lend you a helping hand,” wrote the company in a statement.

The choice of location for co-working space happened among the holders of the cryptocurrency Paragon by voting. The company created a system in which community members vote with tokens PRG.

Since January 1, California legalized the use of marijuana for entertainment purposes. In 1996 she was allowed to eat in the state as a medical tool.

We will remind, earlier the head of TD Ameritrade Tim Hokie (Tim Hockey) noted that the increased activity of retail investors nourish cryptocurrency and securities companies related to marijuana.